12 USC 3203: Dual service of management official of $1,000,000,000 institution or holding company as management official of unaffiliated $500,000,000 institution or holding company prohibited

12 USC 3203: Dual service of management official of $1,000,000,000 institution or holding company as management official of unaffiliated $500,000,000 institution or holding company prohibited Text contains those laws in effect on January 4, 1995

From Title 12-BANKS AND BANKINGCHAPTER 33-DEPOSITORY INSTITUTION MANAGEMENT INTERLOCKS

Jump To: Source Credit

§3203. Dual service of management official of $1,000,000,000 institution or holding company as management official of unaffiliated $500,000,000 institution or holding company prohibited

If a depository institution or a depository holding company has total assets exceeding $1,000,000,000, a management official of such institution or any affiliate thereof may not serve as a management official of any other nonaffiliated depository institution or depository holding company having total assets exceeding $500,000,000 or as a management official of any affiliate of such other institution.

( Pub. L. 95–630, title II, §204, Nov. 10, 1978, 92 Stat. 3673 .)

Section Referred to in Other Sections

This section is referred to in sections 3204, 3205, 3207 of this title.